Publisher: MarketsandMarkets
# of Pages: 212
Rating:
1 User License $4,950
Publication Date: February, 2022
Price: $4,950 / User License
Buy Now
RPT50575
LIC503
1 User $4,950
1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 30
1.2.2 MARKET SEGMENTATION 30
FIGURE 1 ORGAN PRESERVATION MARKET SEGMENTATION 30
1.2.3 YEARS CONSIDERED FOR THE STUDY 31
1.3 CURRENCY 31
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 31
1.4 STAKEHOLDERS 32
1.5 LIMITATIONS 32
1.6 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH APPROACH 34
2.2 RESEARCH METHODOLOGY DESIGN 34
FIGURE 2 ORGAN PRESERVATION MARKET: RESEARCH DESIGN 34
2.2.1 SECONDARY RESEARCH 35
2.2.1.1 Key data from secondary sources 36
2.2.2 PRIMARY DATA 36
FIGURE 3 PRIMARY SOURCES 37
2.2.2.1 Key data from primary sources 38
2.2.2.2 Insights from primary experts 38
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS 39
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 39
2.3 MARKET SIZE ESTIMATION: ORGAN PRESERVATION MARKET 40
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 41
FIGURE 7 ILLUSTRATIVE EXAMPLE OF PROCEDURE-BASED MARKET ESTIMATION 42
FIGURE 8 TOP-DOWN APPROACH 42
FIGURE 9 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE ORGAN PRESERVATION MARKET (2021–2026) 43
FIGURE 10 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 44
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 45
FIGURE 11 DATA TRIANGULATION METHODOLOGY 45
2.5 MARKET RANKING ANALYSIS 45
2.6 ASSUMPTIONS FOR THE STUDY 46
2.7 LIMITATIONS 46
2.7.1 METHODOLOGY-RELATED LIMITATIONS 46
2.7.2 SCOPE-RELATED LIMITATIONS 46
2.8 RISK ASSESSMENT 47
TABLE 2 RISK ASSESSMENT: ORGAN PRESERVATION MARKET 47
3 EXECUTIVE SUMMARY 48
FIGURE 12 ORGAN PRESERVATION MARKET, BY SOLUTION,
2021 VS. 2026 (USD MILLION) 48
FIGURE 13 ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2021 VS. 2026 (USD MILLION) 49
FIGURE 14 ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2021 VS. 2026 (USD MILLION) 49
FIGURE 15 ORGAN PRESERVATION MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 50
FIGURE 16 GEOGRAPHIC ANALYSIS: ORGAN PRESERVATION MARKET 51
4 PREMIUM INSIGHTS 52
4.1 ORGAN PRESERVATION MARKET OVERVIEW 52
FIGURE 17 RISING NUMBER OF SOLID ORGAN TRANSPLANTS TO DRIVE GROWTH IN
THE GLOBAL ORGAN PRESERVATION MARKET 52
4.2 ASIA PACIFIC: ORGAN PRESERVATION MARKET, BY SOLUTION & COUNTRY 53
FIGURE 18 THE UNIVERSITY OF WISCONSIN SOLUTION SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC ORGAN PRESERVATION SOLUTIONS MARKET IN 2020 53
4.3 ORGAN PRESERVATION MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 54
FIGURE 19 CHINA IS EXPECTED TO REGISTER THE HIGHEST GROWTH RATE DURING
THE FORECAST PERIOD 54
4.4 ORGAN PRESERVATION MARKET, BY REGION (2019–2026) 55
FIGURE 20 NORTH AMERICA TO DOMINATE THE ORGAN PRESERVATION MARKET TILL 2026 55
4.5 ORGAN PRESERVATION MARKET: DEVELOPED VS. DEVELOPING MARKETS 55
FIGURE 21 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATES DURING
THE FORECAST PERIOD 55
5 MARKET OVERVIEW 56
5.1 INTRODUCTION 56
5.2 MARKET DYNAMICS 56
TABLE 3 MARKET DYNAMICS: ORGAN PRESERVATION MARKET 56
5.2.1 DRIVERS 57
5.2.1.1 Growing geriatric population and subsequent growth in cases of multiple organ failure 57
TABLE 4 GROWTH IN GERIATRIC POPULATION (ABOVE-65 AGE GROUP), BY REGION, 2019 VS. 2050 (MILLION) 57
5.2.1.2 Increasing initiatives to promote public awareness and encourage organ donation 57
5.2.1.3 Rising number of organ donors and growing adoption of solid organ transplantation procedures 58
TABLE 5 NUMBER OF ORGAN DONATIONS, 2020 59
5.2.2 RESTRAINTS 59
5.2.2.1 High cost of organ transplantation 59
5.2.2.2 Religious concerns and misconceptions associated with
organ donation 59
5.2.3 OPPORTUNITIES 60
5.2.3.1 Growing healthcare investments 60
5.2.4 CHALLENGES 60
5.2.4.1 Significant gap between the number of organs donated and organs required annually 60
5.2.4.2 Development of artificial organs 61
5.3 INDUSTRY TRENDS 61
5.3.1 SINGLE-PORT ROBOT-ASSISTED KIDNEY TRANSPLANT 61
5.3.2 PIG-TO-HUMAN XENOTRANSPLANTATION 61
5.4 PORTER’S FIVE FORCES ANALYSIS 62
TABLE 6 PORTER’S FIVE FORCES ANALYSIS 62
5.4.1 THREAT FROM NEW ENTRANTS 62
5.4.2 THREAT FROM SUBSTITUTES 63
5.4.3 BARGAINING POWER OF SUPPLIERS 63
5.4.4 BARGAINING POWER OF BUYERS 63
5.4.5 INTENSITY OF COMPETITIVE RIVALRY 63
5.5 PRICING ANALYSIS 64
TABLE 7 AVERAGE SELLING PRICE OF ORGAN PRESERVATION BY SOLUTION AND
BY ORGANS 64
5.6 ECOSYSTEM ANALYSIS 64
FIGURE 22 ORGAN PRESERVATION MARKET: ECOSYSTEM ANALYSIS 64
5.7 VALUE CHAIN ANALYSIS 65
FIGURE 23 ORGAN PRESERVATION MARKET: VALUE CHAIN ANALYSIS 65
5.8 PATENT ANALYSIS 65
5.8.1 PATENT PUBLICATION TRENDS FOR ORGAN PRESERVATION 66
FIGURE 24 PATENT PUBLICATION TRENDS (2011–2022) 66
5.8.2 INSIGHTS: JURISDICTION AND TOP APPLICANT ANALYSIS 66
FIGURE 25 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR ORGAN PRESERVATION PATENTS (JANUARY 2011–FEBRUARY 2022) 67
FIGURE 26 TOP APPLICANT COUNTRIES/REGIONS FOR ORGAN PRESERVATION PATENTS (JANUARY 2011–FEBRUARY 2022) 68
TABLE 8 LIST OF PATENTS/PATENT APPLICATIONS IN THE ORGAN PRESERVATION MARKET, 2020–2021 68
5.9 REGULATORY LANDSCAPE 70
5.9.1 NORTH AMERICA 70
5.9.1.1 US 70
5.9.1.2 Canada 71
5.9.2 EUROPE 71
5.9.3 ASIA PACIFIC 71
5.10 IMPACT OF COVID-19 ON THE ORGAN PRESERVATION MARKET 72
6 ORGAN PRESERVATION MARKET, BY SOLUTION 73
6.1 INTRODUCTION 74
TABLE 9 ORGAN PRESERVATION MARKET, BY SOLUTION, 2019–2026 (USD MILLION) 74
TABLE 10 ORGAN PRESERVATION SOLUTIONS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 75
6.2 UNIVERSITY OF WISCONSIN 75
6.2.1 UW SOLUTIONS COMPRISE METABOLICALLY INERT SUBSTRATES, WHICH ENABLE BETTER TRANSPLANTATION OUTCOMES—A KEY FACTOR DRIVING MARKET GROWTH 75
TABLE 11 ORGAN PRESERVATION MARKET FOR UW SOLUTIONS, BY COUNTRY,
2019–2026 (USD MILLION) 76
6.3 CUSTODIOL HTK 76
6.3.1 DESPITE ITS LOW COST AND EASY DIFFUSION, THE DEMAND FOR HTK HAS DECLINED IN RECENT YEARS—A KEY FACTOR LIMITING MARKET GROWTH 76
TABLE 12 ORGAN PRESERVATION MARKET FOR CUSTODIOL HTK SOLUTIONS,
BY COUNTRY, 2019–2026 (USD MILLION) 77
6.4 PERFADEX 78
6.4.1 LAUNCH OF PERFADEX PLUS TO DRIVE MARKET GROWTH 78
TABLE 13 ORGAN PRESERVATION MARKET FOR PERFADEX SOLUTIONS, BY COUNTRY, 2019–2026 (USD MILLION) 78
6.5 OTHER SOLUTIONS 79
TABLE 14 OTHER ORGAN PRESERVATION SOLUTIONS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 79
7 ORGAN PRESERVATION MARKET, BY TECHNIQUE 80
7.1 INTRODUCTION 81
TABLE 15 COMPARISON OF THE METHODS USED FOR ORGAN PRESERVATION 81
TABLE 16 ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 81
TABLE 17 ORGAN PRESERVATION TECHNIQUES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 82
7.2 STATIC COLD STORAGE 82
7.2.1 STATIC COLD STORAGE IS THE MOST WIDELY ADOPTED METHOD—
A KEY FACTOR DRIVING MARKET GROWTH 82
TABLE 18 STATIC COLD STORAGE: ADVANTAGES & DISADVANTAGES 83
TABLE 19 ORGAN PRESERVATION MARKET FOR STATIC COLD STORAGE, BY COUNTRY, 2019–2026 (USD MILLION) 83
7.3 HYPOTHERMIC MACHINE PERFUSION 84
7.3.1 ADVANTAGES ASSOCIATED WITH HYPOTHERMIC MACHINE PERFUSION, SUCH AS ENHANCED ORGAN PRESERVATION QUALITY AND SURVIVAL RATE, TO DRIVE MARKET GROWTH 84
TABLE 20 HYPOTHERMIC MACHINE PERFUSION: ADVANTAGES & DISADVANTAGES 84
TABLE 21 ORGAN PRESERVATION MARKET FOR HYPOTHERMIC MACHINE PERFUSION, BY COUNTRY, 2019–2026 (USD MILLION) 85
7.4 NORMOTHERMIC MACHINE PERFUSION 85
7.4.1 TECHNOLOGICAL DEVELOPMENTS AND ADVANTAGES OF NORMOTHERMIC MACHINE PERFUSION TO DRIVE MARKET GROWTH 85
TABLE 22 NORMOTHERMIC MACHINE PERFUSION: ADVANTAGES & DISADVANTAGES 86
TABLE 23 ORGAN PRESERVATION MARKET FOR NORMOTHERMIC MACHINE PERFUSION, BY COUNTRY, 2019–2026 (USD MILLION) 86
8 ORGAN PRESERVATION MARKET, BY ORGAN TYPE 87
8.1 INTRODUCTION 88
FIGURE 27 NUMBER OF ORGAN TRANSPLANTS GLOBALLY, 2020 88
TABLE 24 ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 88
8.2 KIDNEYS 89
8.2.1 KIDNEYS ARE THE MOST TRANSPLANTED ORGANS GLOBALLY—A KEY FACTOR DRIVING MARKET GROWTH 89
TABLE 25 NUMBER OF KIDNEY TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 89
TABLE 26 TOTAL KIDNEY TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 90
FIGURE 28 US: NUMBER OF ESRD PATIENTS ADDED TO THE WAITING LIST FOR KIDNEY TRANSPLANTS, 2000–2018 90
FIGURE 29 US: COUNT AND RATE OF KIDNEY TRANSPLANTS IN PATIENTS UNDERGOING DIALYSIS, 2000–2018 91
TABLE 27 KIDNEY PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 91
8.3 LIVER 92
8.3.1 RISING PREVALENCE OF LIVER DISEASE AND GROWING CASES OF LIVER FAILURE TO DRIVE THE DEMAND FOR LIVER TRANSPLANTATION PROCEDURES 92
TABLE 28 NUMBER OF LIVER TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 93
TABLE 29 TOTAL LIVER TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 93
TABLE 30 LIVER PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 94
8.4 LUNGS 94
8.4.1 GROWTH IN COPD INCIDENCE BOOSTS THE DEMAND FOR PRESERVATION TECHNIQUES AND PRODUCTS 94
TABLE 31 US: PREVALENCE OF COPD CASES IN MAJOR STATES, BY GENDER, 2018 95
TABLE 32 NUMBER OF LUNG TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 95
TABLE 33 TOTAL LUNG TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 96
TABLE 34 LUNG PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 96
8.5 HEART 97
8.5.1 ADVANCEMENTS IN HEART PRESERVATION TECHNIQUES TO DRIVE MARKET GROWTH 97
TABLE 35 NUMBER OF HEART TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 97
TABLE 36 TOTAL HEART TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 98
TABLE 37 HEART PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 98
8.6 PANCREAS 99
8.6.1 GROWING PREVALENCE OF DIABETES TO DRIVE MARKET GROWTH 99
TABLE 38 NUMBER OF PANCREAS TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 99
TABLE 39 TOTAL PANCREAS TRANSPLANT CENTERS IN MAJOR COUNTRIES,
2019 VS. 2020 99
TABLE 40 PANCREAS PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 100
9 ORGAN PRESERVATION MARKET, BY END USER 101
9.1 INTRODUCTION 102
TABLE 41 ORGAN PRESERVATION MARKET, BY END USER, 2019–2026 (USD MILLION) 102
9.2 ORGAN TRANSPLANT CENTERS 102
9.2.1 ORGAN TRANSPLANT CENTERS ARE THE MAJOR END USERS OF ORGAN PRESERVATION SOLUTIONS 102
FIGURE 30 NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 103
TABLE 42 ORGAN PRESERVATION MARKET FOR ORGAN TRANSPLANT CENTERS,
BY COUNTRY, 2019–2026 (USD MILLION) 103
9.3 HOSPITALS 104
9.3.1 INCREASING INCIDENCE OF ACCIDENTAL INJURIES AND CHRONIC DISEASES TO DRIVE MARKET GROWTH 104
TABLE 43 ORGAN PRESERVATION MARKET FOR HOSPITALS, BY COUNTRY,
2019–2026 (USD MILLION) 105
9.4 SPECIALTY CLINICS 105
9.4.1 INCREASING PREVALENCE OF END-STAGE DISEASES AND ORGAN FAILURE TO DRIVE MARKET GROWTH 105
TABLE 44 ORGAN PRESERVATION MARKET FOR SPECIALTY CLINICS, BY COUNTRY, 2019–2026 (USD MILLION) 106
10 ORGAN PRESERVATION MARKET, BY REGION 107
10.1 INTRODUCTION 108
FIGURE 31 CHINA IS EXPECTED TO GROW AT THE HIGHEST CAGR IN THE ORGAN PRESERVATION MARKET 108
FIGURE 32 TOTAL NUMBER OF ORGAN TRANSPLANTS IN SOME COUNTRIES,
2019 VS. 2020 109
TABLE 45 ORGAN PRESERVATION MARKET, BY REGION, 2019–2026 (USD MILLION) 109
10.2 NORTH AMERICA 110
FIGURE 33 NORTH AMERICA: ORGAN PRESERVATION MARKET SNAPSHOT 111
TABLE 46 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 112
TABLE 47 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 112
TABLE 48 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 112
TABLE 49 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 113
TABLE 50 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 113
10.2.1 US 114
10.2.1.1 Growing cases of organ failure and underlining diseases to drive
the demand for organ transplantation in the US 114
TABLE 51 NUMBER OF ORGAN TRANSPLANTS IN THE US, 2017–2020 114
TABLE 52 WAITING LIST FOR ORGAN TRANSPLANTS (AS OF JANUARY 2022) 115
FIGURE 34 US: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 115
TABLE 53 US: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 116
TABLE 54 US: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 116
TABLE 55 US: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 116
TABLE 56 US: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 117
10.2.2 CANADA 117
10.2.2.1 Improved organ donation rates to drive growth in the market
in Canada 117
TABLE 57 CANADA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 117
FIGURE 35 CANADA: NUMBER OF ORGAN TRANSPLANT CENTERS, 2020 118
TABLE 58 ACTIVE WAITING LIST FOR ORGAN TRANSPLANTS, 2019 118
TABLE 59 CANADA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 119
TABLE 60 CANADA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 119
TABLE 61 CANADA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 119
TABLE 62 CANADA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 120
10.3 EUROPE 120
TABLE 63 EUROPE: ORGAN PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 121
TABLE 64 EUROPE: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 121
TABLE 65 EUROPE: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 122
TABLE 66 EUROPE: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 122
TABLE 67 EUROPE: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 122
10.3.1 FRANCE 123
10.3.1.1 Increasing number of organ transplants and organ donor registrations promote future growth of the organ preservation market in France 123
TABLE 68 FRANCE: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 123
FIGURE 36 FRANCE: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 123
TABLE 69 FRANCE: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 124
TABLE 70 FRANCE: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 124
TABLE 71 FRANCE: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 124
TABLE 72 FRANCE: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 125
10.3.2 SPAIN 125
10.3.2.1 Spain registered the second-highest deceased organ donation rate globally—a key factor driving market growth 125
TABLE 73 SPAIN: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 125
TABLE 74 SPAIN: TOTAL NUMBER OF PATIENTS ON THE ORGAN TRANSPLANT WAITING LIST, 2017–2019 126
FIGURE 37 SPAIN: NUMBER OF ORGAN TRANSPLANT CENTERS, 2020 126
TABLE 75 SPAIN: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 126
TABLE 76 SPAIN: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 127
TABLE 77 SPAIN: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 127
TABLE 78 SPAIN: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 127
10.3.3 UK 128
10.3.3.1 Growth in the market in the UK is mainly driven by the increasing disease/disorder prevalence and favorable regulations 128
TABLE 79 UK: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 128
TABLE 80 UK: TOTAL NUMBER OF PATIENTS ON THE ACTIVE ORGAN TRANSPLANT WAITING LIST (AS OF APRIL 8, 2021) 129
FIGURE 38 UK: NUMBER OF ORGAN TRANSPLANT CENTERS, 2020 129
TABLE 81 UK: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 130
TABLE 82 UK: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 130
TABLE 83 UK: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 130
TABLE 84 UK: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 131
10.3.4 ITALY 131
10.3.4.1 Declining rate of organ donation and transplant due to COVID-19 limited market growth in 2020 131
TABLE 85 ITALY: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 131
TABLE 86 ITALY: TOTAL NUMBER OF PATIENTS ON THE ORGAN TRANSPLANT WAITING LIST, 2020 132
FIGURE 39 ITALY: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 132
TABLE 87 ITALY: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 132
TABLE 88 ITALY: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 133
TABLE 89 ITALY: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 133
TABLE 90 ITALY: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 133
10.3.5 GERMANY 134
10.3.5.1 Low organ donation and transplant rates form a major concern for the German market 134
TABLE 91 GERMANY: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 134
TABLE 92 GERMANY: TOTAL NUMBER OF PATIENTS ACTIVE ON THE ORGAN TRANSPLANT WAITING LIST, 2019–2021 135
FIGURE 40 GERMANY: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 135
TABLE 93 GERMANY: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 136
TABLE 94 GERMANY: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 136
TABLE 95 GERMANY: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 137
TABLE 96 GERMANY: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 137
10.3.6 REST OF EUROPE 137
TABLE 97 ROE: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 138
TABLE 98 ROE: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 138
TABLE 99 ROE: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 139
TABLE 100 ROE: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 139
10.4 ASIA PACIFIC 139
FIGURE 41 ASIA PACIFIC: ORGAN PRESERVATION MARKET SNAPSHOT 140
TABLE 101 APAC: ORGAN PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 141
TABLE 102 APAC: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 141
TABLE 103 APAC: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 141
TABLE 104 APAC: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 142
TABLE 105 APAC: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 142
10.4.1 CHINA 142
10.4.1.1 Growing awareness and adoption of laws favoring organ donation to drive market growth in China 142
TABLE 106 CHINA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 143
FIGURE 42 CHINA: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 143
TABLE 107 CHINA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 144
TABLE 108 CHINA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 144
TABLE 109 CHINA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 144
TABLE 110 CHINA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 145
10.4.2 INDIA 145
10.4.2.1 Lack of awareness is a key barrier to market growth in India 145
FIGURE 43 INDIA: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 145
TABLE 111 INDIA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 146
TABLE 112 INDIA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 146
TABLE 113 INDIA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 147
TABLE 114 INDIA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 147
TABLE 115 INDIA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 147
10.4.3 JAPAN 148
10.4.3.1 Religious beliefs and lack of awareness limit market growth in Japan 148
TABLE 116 JAPAN: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 148
TABLE 117 JAPAN: TOTAL NUMBER OF PATIENTS ON THE ORGAN TRANSPLANT WAITING LIST (AS OF MARCH 31, 2021) 148
FIGURE 44 JAPAN: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 149
TABLE 118 JAPAN: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 149
TABLE 119 JAPAN: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 150
TABLE 120 JAPAN: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 150
TABLE 121 JAPAN: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 150
10.4.4 REST OF ASIA PACIFIC 151
TABLE 122 ROAPAC: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 151
TABLE 123 ROAPAC: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 151
TABLE 124 ROAPAC: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 152
TABLE 125 ROAPAC: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 152
10.5 LATIN AMERICA 152
10.5.1 IMPLEMENTATION OF EDUCATIONAL PROGRAMS TO TRAIN PROFESSIONALS ON ORGAN RETRIEVAL AND TRANSPLANT PROCEDURES TO DRIVE MARKET GROWTH 152
TABLE 126 BRAZIL: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 153
FIGURE 45 BRAZIL: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 153
TABLE 127 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 154
TABLE 128 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 154
TABLE 129 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 155
TABLE 130 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 155
10.6 MIDDLE EAST & AFRICA 156
10.6.1 IMPLEMENTATION OF GOVERNMENT INITIATIVES AND POLICIES TO DRIVE MARKET GROWTH 156
TABLE 131 SAUDI ARABIA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 156
TABLE 132 ISRAEL: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 157
TABLE 133 UAE: NUMBER OF ORGAN TRANSPLANTS, 2018–2020 157
TABLE 134 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY TECHNIQUE, 2019–2026 (USD MILLION) 157
TABLE 135 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY SOLUTION, 2019–2026 (USD MILLION) 158
TABLE 136 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE, 2019–2026 (USD MILLION) 158
TABLE 137 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY END USER, 2019–2026 (USD MILLION) 159
11 COMPETITIVE LANDSCAPE 160
11.1 OVERVIEW 160
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 160
11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE ORGAN PRESERVATION MARKET 161
11.3 MARKET RANKING ANALYSIS 163
TABLE 138 ORGAN PRESERVATION MARKET RANKING ANALYSIS, BY KEY PLAYER, 2020 163
11.4 COMPETITIVE BENCHMARKING 164
11.4.1 FOOTPRINT OF COMPANIES IN THE ORGAN PRESERVATION MARKET 164
TABLE 139 COMPANY ORGAN PRESERVATION SOLUTION & DEVICE FOOTPRINT 165
TABLE 140 COMPANY TECHNIQUE FOOTPRINT 166
TABLE 141 COMPANY REGIONAL FOOTPRINT 167
11.5 COMPETITIVE LEADERSHIP MAPPING 168
11.5.1 STARS 168
11.5.2 EMERGING LEADERS 168
11.5.3 PERVASIVE PLAYERS 168
11.5.4 PARTICIPANTS 169
FIGURE 46 ORGAN PRESERVATION MARKET: COMPETITIVE LEADERSHIP MAPPING (2020) 169
11.6 COMPETITIVE SCENARIO 170
11.6.1 PRODUCT LAUNCHES & APPROVALS 170
TABLE 142 PRODUCT LAUNCHES & APPROVALS, 2018–2022 170
11.6.2 DEALS 171
TABLE 143 DEALS, 2018–2022 171
11.6.3 OTHER DEVELOPMENTS 172
TABLE 144 OTHER DEVELOPMENTS, 2018–2022 172
12 COMPANY PROFILES 173
12.1 KEY PLAYERS 173
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 PARAGONIX TECHNOLOGIES, INC. 173
TABLE 145 PARAGONIX TECHNOLOGIES, INC.: BUSINESS OVERVIEW 173
12.1.2 XVIVO PERFUSION AB 177
TABLE 146 XVIVO PERFUSION AB: BUSINESS OVERVIEW 177
FIGURE 47 XVIVO PERFUSION AB: COMPANY SNAPSHOT (2020) 178
12.1.3 DR. FRANZ KÖHLER CHEMIE GMBH 182
TABLE 147 DR. FRANZ KÖHLER CHEMIE GMBH: BUSINESS OVERVIEW 182
12.1.4 ESSENTIAL PHARMACEUTICALS, LLC
(A SUBSIDIARY OF ACCORD HEALTHCARE) 184
TABLE 148 ESSENTIAL PHARMACEUTICALS, LLC: BUSINESS OVERVIEW 184
12.1.5 TRANSMEDICS, INC. 186
TABLE 149 TRANSMEDICS, INC.: BUSINESS OVERVIEW 186
12.1.6 ORGANOX LIMITED 188
TABLE 150 ORGANOX LIMITED: BUSINESS OVERVIEW 188
12.1.7 21ST CENTURY MEDICINE 190
TABLE 151 21ST CENTURY MEDICINE: BUSINESS OVERVIEW 190
12.1.8 SHANGHAI GENEXT MEDICAL TECHNOLOGY CO., LTD. 192
TABLE 152 SHANGHAI GENEXT MEDICAL TECHNOLOGY CO., LTD.: BUSINESS OVERVIEW 192
12.1.9 BRIDGE TO LIFE LIMITED 193
TABLE 153 BRIDGE TO LIFE LIMITED: BUSINESS OVERVIEW 193
12.1.10 WATERS MEDICAL SYSTEMS LLC 195
TABLE 154 WATERS MEDICAL SYSTEMS: BUSINESS OVERVIEW 195
12.1.11 PRESERVATION SOLUTIONS, INC. 196
TABLE 155 PRESERVATION SOLUTIONS, INC.: BUSINESS OVERVIEW 196
12.1.12 CARNAMEDICA 197
TABLE 156 CARNAMEDICA: BUSINESS OVERVIEW 197
12.1.13 TRANSPLANT BIOMEDICALS 198
TABLE 157 TRANSPLANT BIOMEDICALS: BUSINESS OVERVIEW 198
12.1.14 INSTITUT GEORGES LOPEZ 199
TABLE 158 INSTITUT GEORGES LOPEZ: BUSINESS OVERVIEW 199
12.1.15 GLOBAL TRANSPLANT SOLUTIONS 201
TABLE 159 GLOBAL TRANSPLANT SOLUTIONS: BUSINESS OVERVIEW 201
12.2 OTHER PLAYERS 202
12.2.1 AVIONORD 202
TABLE 160 AVIONORD: BUSINESS OVERVIEW 202
12.2.2 ORGAN PRESERVATION SOLUTIONS LTD. 203
TABLE 161 ORGAN PRESERVATION SOLUTIONS LTD.: BUSINESS OVERVIEW 203
12.2.3 EBERS 204
TABLE 162 EBERS: BUSINESS OVERVIEW 204
12.2.4 S.A.L.F. 206
TABLE 163 S.A.L.F.: BUSINESS OVERVIEW 206
12.2.5 BIOCHEFA 207
TABLE 164 BIOCHEFA: BUSINESS OVERVIEW 207
12.2.6 VASCULAR PERFUSION SOLUTIONS, INC. 208
TABLE 165 VASCULAR PERFUSION SOLUTIONS, INC.: BUSINESS OVERVIEW 208
12.2.7 TX INNOVATIONS 209
TABLE 166 TX INNOVATIONS: BUSINESS OVERVIEW 209
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13 APPENDIX 210
13.1 INSIGHTS FROM INDUSTRY EXPERTS 210
13.2 DISCUSSION GUIDE 211
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 215
13.4 AVAILABLE CUSTOMIZATIONS 217
13.5 RELATED REPORTS 217
13.6 AUTHOR DETAILS 218
1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 30
1.2.2 MARKET SEGMENTATION 30
FIGURE 1 ORGAN PRESERVATION MARKET SEGMENTATION 30
1.2.3 YEARS CONSIDERED FOR THE STUDY 31
1.3 CURRENCY 31
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 31
1.4 STAKEHOLDERS 32
1.5 LIMITATIONS 32
1.6 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH APPROACH 34
2.2 RESEARCH METHODOLOGY DESIGN 34
FIGURE 2 ORGAN PRESERVATION MARKET: RESEARCH DESIGN 34
2.2.1 SECONDARY RESEARCH 35
2.2.1.1 Key data from secondary sources 36
2.2.2 PRIMARY DATA 36
FIGURE 3 PRIMARY SOURCES 37
2.2.2.1 Key data from primary sources 38
2.2.2.2 Insights from primary experts 38
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS 39
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 39
2.3 MARKET SIZE ESTIMATION: ORGAN PRESERVATION MARKET 40
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 41
FIGURE 7 ILLUSTRATIVE EXAMPLE OF PROCEDURE-BASED MARKET ESTIMATION 42
FIGURE 8 TOP-DOWN APPROACH 42
FIGURE 9 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE ORGAN PRESERVATION MARKET (2021–2026) 43
FIGURE 10 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 44
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 45
FIGURE 11 DATA TRIANGULATION METHODOLOGY 45
2.5 MARKET RANKING ANALYSIS 45
2.6 ASSUMPTIONS FOR THE STUDY 46
2.7 LIMITATIONS 46
2.7.1 METHODOLOGY-RELATED LIMITATIONS 46
2.7.2 SCOPE-RELATED LIMITATIONS 46
2.8 RISK ASSESSMENT 47
TABLE 2 RISK ASSESSMENT: ORGAN PRESERVATION MARKET 47
3 EXECUTIVE SUMMARY 48
FIGURE 12 ORGAN PRESERVATION MARKET, BY SOLUTION,
2021 VS. 2026 (USD MILLION) 48
FIGURE 13 ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2021 VS. 2026 (USD MILLION) 49
FIGURE 14 ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2021 VS. 2026 (USD MILLION) 49
FIGURE 15 ORGAN PRESERVATION MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 50
FIGURE 16 GEOGRAPHIC ANALYSIS: ORGAN PRESERVATION MARKET 51
4 PREMIUM INSIGHTS 52
4.1 ORGAN PRESERVATION MARKET OVERVIEW 52
FIGURE 17 RISING NUMBER OF SOLID ORGAN TRANSPLANTS TO DRIVE GROWTH IN
THE GLOBAL ORGAN PRESERVATION MARKET 52
4.2 ASIA PACIFIC: ORGAN PRESERVATION MARKET, BY SOLUTION & COUNTRY 53
FIGURE 18 THE UNIVERSITY OF WISCONSIN SOLUTION SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC ORGAN PRESERVATION SOLUTIONS MARKET IN 2020 53
4.3 ORGAN PRESERVATION MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 54
FIGURE 19 CHINA IS EXPECTED TO REGISTER THE HIGHEST GROWTH RATE DURING
THE FORECAST PERIOD 54
4.4 ORGAN PRESERVATION MARKET, BY REGION (2019–2026) 55
FIGURE 20 NORTH AMERICA TO DOMINATE THE ORGAN PRESERVATION MARKET TILL 2026 55
4.5 ORGAN PRESERVATION MARKET: DEVELOPED VS. DEVELOPING MARKETS 55
FIGURE 21 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATES DURING
THE FORECAST PERIOD 55
5 MARKET OVERVIEW 56
5.1 INTRODUCTION 56
5.2 MARKET DYNAMICS 56
TABLE 3 MARKET DYNAMICS: ORGAN PRESERVATION MARKET 56
5.2.1 DRIVERS 57
5.2.1.1 Growing geriatric population and subsequent growth in cases of multiple organ failure 57
TABLE 4 GROWTH IN GERIATRIC POPULATION (ABOVE-65 AGE GROUP), BY REGION, 2019 VS. 2050 (MILLION) 57
5.2.1.2 Increasing initiatives to promote public awareness and encourage organ donation 57
5.2.1.3 Rising number of organ donors and growing adoption of solid organ transplantation procedures 58
TABLE 5 NUMBER OF ORGAN DONATIONS, 2020 59
5.2.2 RESTRAINTS 59
5.2.2.1 High cost of organ transplantation 59
5.2.2.2 Religious concerns and misconceptions associated with
organ donation 59
5.2.3 OPPORTUNITIES 60
5.2.3.1 Growing healthcare investments 60
5.2.4 CHALLENGES 60
5.2.4.1 Significant gap between the number of organs donated and organs required annually 60
5.2.4.2 Development of artificial organs 61
5.3 INDUSTRY TRENDS 61
5.3.1 SINGLE-PORT ROBOT-ASSISTED KIDNEY TRANSPLANT 61
5.3.2 PIG-TO-HUMAN XENOTRANSPLANTATION 61
5.4 PORTER’S FIVE FORCES ANALYSIS 62
TABLE 6 PORTER’S FIVE FORCES ANALYSIS 62
5.4.1 THREAT FROM NEW ENTRANTS 62
5.4.2 THREAT FROM SUBSTITUTES 63
5.4.3 BARGAINING POWER OF SUPPLIERS 63
5.4.4 BARGAINING POWER OF BUYERS 63
5.4.5 INTENSITY OF COMPETITIVE RIVALRY 63
5.5 PRICING ANALYSIS 64
TABLE 7 AVERAGE SELLING PRICE OF ORGAN PRESERVATION BY SOLUTION AND
BY ORGANS 64
5.6 ECOSYSTEM ANALYSIS 64
FIGURE 22 ORGAN PRESERVATION MARKET: ECOSYSTEM ANALYSIS 64
5.7 VALUE CHAIN ANALYSIS 65
FIGURE 23 ORGAN PRESERVATION MARKET: VALUE CHAIN ANALYSIS 65
5.8 PATENT ANALYSIS 65
5.8.1 PATENT PUBLICATION TRENDS FOR ORGAN PRESERVATION 66
FIGURE 24 PATENT PUBLICATION TRENDS (2011–2022) 66
5.8.2 INSIGHTS: JURISDICTION AND TOP APPLICANT ANALYSIS 66
FIGURE 25 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR ORGAN PRESERVATION PATENTS (JANUARY 2011–FEBRUARY 2022) 67
FIGURE 26 TOP APPLICANT COUNTRIES/REGIONS FOR ORGAN PRESERVATION PATENTS (JANUARY 2011–FEBRUARY 2022) 68
TABLE 8 LIST OF PATENTS/PATENT APPLICATIONS IN THE ORGAN PRESERVATION MARKET, 2020–2021 68
5.9 REGULATORY LANDSCAPE 70
5.9.1 NORTH AMERICA 70
5.9.1.1 US 70
5.9.1.2 Canada 71
5.9.2 EUROPE 71
5.9.3 ASIA PACIFIC 71
5.10 IMPACT OF COVID-19 ON THE ORGAN PRESERVATION MARKET 72
6 ORGAN PRESERVATION MARKET, BY SOLUTION 73
6.1 INTRODUCTION 74
TABLE 9 ORGAN PRESERVATION MARKET, BY SOLUTION, 2019–2026 (USD MILLION) 74
TABLE 10 ORGAN PRESERVATION SOLUTIONS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 75
6.2 UNIVERSITY OF WISCONSIN 75
6.2.1 UW SOLUTIONS COMPRISE METABOLICALLY INERT SUBSTRATES, WHICH ENABLE BETTER TRANSPLANTATION OUTCOMES—A KEY FACTOR DRIVING MARKET GROWTH 75
TABLE 11 ORGAN PRESERVATION MARKET FOR UW SOLUTIONS, BY COUNTRY,
2019–2026 (USD MILLION) 76
6.3 CUSTODIOL HTK 76
6.3.1 DESPITE ITS LOW COST AND EASY DIFFUSION, THE DEMAND FOR HTK HAS DECLINED IN RECENT YEARS—A KEY FACTOR LIMITING MARKET GROWTH 76
TABLE 12 ORGAN PRESERVATION MARKET FOR CUSTODIOL HTK SOLUTIONS,
BY COUNTRY, 2019–2026 (USD MILLION) 77
6.4 PERFADEX 78
6.4.1 LAUNCH OF PERFADEX PLUS TO DRIVE MARKET GROWTH 78
TABLE 13 ORGAN PRESERVATION MARKET FOR PERFADEX SOLUTIONS, BY COUNTRY, 2019–2026 (USD MILLION) 78
6.5 OTHER SOLUTIONS 79
TABLE 14 OTHER ORGAN PRESERVATION SOLUTIONS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 79
7 ORGAN PRESERVATION MARKET, BY TECHNIQUE 80
7.1 INTRODUCTION 81
TABLE 15 COMPARISON OF THE METHODS USED FOR ORGAN PRESERVATION 81
TABLE 16 ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 81
TABLE 17 ORGAN PRESERVATION TECHNIQUES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 82
7.2 STATIC COLD STORAGE 82
7.2.1 STATIC COLD STORAGE IS THE MOST WIDELY ADOPTED METHOD—
A KEY FACTOR DRIVING MARKET GROWTH 82
TABLE 18 STATIC COLD STORAGE: ADVANTAGES & DISADVANTAGES 83
TABLE 19 ORGAN PRESERVATION MARKET FOR STATIC COLD STORAGE, BY COUNTRY, 2019–2026 (USD MILLION) 83
7.3 HYPOTHERMIC MACHINE PERFUSION 84
7.3.1 ADVANTAGES ASSOCIATED WITH HYPOTHERMIC MACHINE PERFUSION, SUCH AS ENHANCED ORGAN PRESERVATION QUALITY AND SURVIVAL RATE, TO DRIVE MARKET GROWTH 84
TABLE 20 HYPOTHERMIC MACHINE PERFUSION: ADVANTAGES & DISADVANTAGES 84
TABLE 21 ORGAN PRESERVATION MARKET FOR HYPOTHERMIC MACHINE PERFUSION, BY COUNTRY, 2019–2026 (USD MILLION) 85
7.4 NORMOTHERMIC MACHINE PERFUSION 85
7.4.1 TECHNOLOGICAL DEVELOPMENTS AND ADVANTAGES OF NORMOTHERMIC MACHINE PERFUSION TO DRIVE MARKET GROWTH 85
TABLE 22 NORMOTHERMIC MACHINE PERFUSION: ADVANTAGES & DISADVANTAGES 86
TABLE 23 ORGAN PRESERVATION MARKET FOR NORMOTHERMIC MACHINE PERFUSION, BY COUNTRY, 2019–2026 (USD MILLION) 86
8 ORGAN PRESERVATION MARKET, BY ORGAN TYPE 87
8.1 INTRODUCTION 88
FIGURE 27 NUMBER OF ORGAN TRANSPLANTS GLOBALLY, 2020 88
TABLE 24 ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 88
8.2 KIDNEYS 89
8.2.1 KIDNEYS ARE THE MOST TRANSPLANTED ORGANS GLOBALLY—A KEY FACTOR DRIVING MARKET GROWTH 89
TABLE 25 NUMBER OF KIDNEY TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 89
TABLE 26 TOTAL KIDNEY TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 90
FIGURE 28 US: NUMBER OF ESRD PATIENTS ADDED TO THE WAITING LIST FOR KIDNEY TRANSPLANTS, 2000–2018 90
FIGURE 29 US: COUNT AND RATE OF KIDNEY TRANSPLANTS IN PATIENTS UNDERGOING DIALYSIS, 2000–2018 91
TABLE 27 KIDNEY PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 91
8.3 LIVER 92
8.3.1 RISING PREVALENCE OF LIVER DISEASE AND GROWING CASES OF LIVER FAILURE TO DRIVE THE DEMAND FOR LIVER TRANSPLANTATION PROCEDURES 92
TABLE 28 NUMBER OF LIVER TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 93
TABLE 29 TOTAL LIVER TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 93
TABLE 30 LIVER PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 94
8.4 LUNGS 94
8.4.1 GROWTH IN COPD INCIDENCE BOOSTS THE DEMAND FOR PRESERVATION TECHNIQUES AND PRODUCTS 94
TABLE 31 US: PREVALENCE OF COPD CASES IN MAJOR STATES, BY GENDER, 2018 95
TABLE 32 NUMBER OF LUNG TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 95
TABLE 33 TOTAL LUNG TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 96
TABLE 34 LUNG PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 96
8.5 HEART 97
8.5.1 ADVANCEMENTS IN HEART PRESERVATION TECHNIQUES TO DRIVE MARKET GROWTH 97
TABLE 35 NUMBER OF HEART TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 97
TABLE 36 TOTAL HEART TRANSPLANT CENTERS IN MAJOR COUNTRIES, 2019 VS. 2020 98
TABLE 37 HEART PRESERVATION MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 98
8.6 PANCREAS 99
8.6.1 GROWING PREVALENCE OF DIABETES TO DRIVE MARKET GROWTH 99
TABLE 38 NUMBER OF PANCREAS TRANSPLANTS IN MAJOR COUNTRIES, 2017–2020 99
TABLE 39 TOTAL PANCREAS TRANSPLANT CENTERS IN MAJOR COUNTRIES,
2019 VS. 2020 99
TABLE 40 PANCREAS PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 100
9 ORGAN PRESERVATION MARKET, BY END USER 101
9.1 INTRODUCTION 102
TABLE 41 ORGAN PRESERVATION MARKET, BY END USER, 2019–2026 (USD MILLION) 102
9.2 ORGAN TRANSPLANT CENTERS 102
9.2.1 ORGAN TRANSPLANT CENTERS ARE THE MAJOR END USERS OF ORGAN PRESERVATION SOLUTIONS 102
FIGURE 30 NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 103
TABLE 42 ORGAN PRESERVATION MARKET FOR ORGAN TRANSPLANT CENTERS,
BY COUNTRY, 2019–2026 (USD MILLION) 103
9.3 HOSPITALS 104
9.3.1 INCREASING INCIDENCE OF ACCIDENTAL INJURIES AND CHRONIC DISEASES TO DRIVE MARKET GROWTH 104
TABLE 43 ORGAN PRESERVATION MARKET FOR HOSPITALS, BY COUNTRY,
2019–2026 (USD MILLION) 105
9.4 SPECIALTY CLINICS 105
9.4.1 INCREASING PREVALENCE OF END-STAGE DISEASES AND ORGAN FAILURE TO DRIVE MARKET GROWTH 105
TABLE 44 ORGAN PRESERVATION MARKET FOR SPECIALTY CLINICS, BY COUNTRY, 2019–2026 (USD MILLION) 106
10 ORGAN PRESERVATION MARKET, BY REGION 107
10.1 INTRODUCTION 108
FIGURE 31 CHINA IS EXPECTED TO GROW AT THE HIGHEST CAGR IN THE ORGAN PRESERVATION MARKET 108
FIGURE 32 TOTAL NUMBER OF ORGAN TRANSPLANTS IN SOME COUNTRIES,
2019 VS. 2020 109
TABLE 45 ORGAN PRESERVATION MARKET, BY REGION, 2019–2026 (USD MILLION) 109
10.2 NORTH AMERICA 110
FIGURE 33 NORTH AMERICA: ORGAN PRESERVATION MARKET SNAPSHOT 111
TABLE 46 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 112
TABLE 47 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 112
TABLE 48 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 112
TABLE 49 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 113
TABLE 50 NORTH AMERICA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 113
10.2.1 US 114
10.2.1.1 Growing cases of organ failure and underlining diseases to drive
the demand for organ transplantation in the US 114
TABLE 51 NUMBER OF ORGAN TRANSPLANTS IN THE US, 2017–2020 114
TABLE 52 WAITING LIST FOR ORGAN TRANSPLANTS (AS OF JANUARY 2022) 115
FIGURE 34 US: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 115
TABLE 53 US: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 116
TABLE 54 US: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 116
TABLE 55 US: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 116
TABLE 56 US: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 117
10.2.2 CANADA 117
10.2.2.1 Improved organ donation rates to drive growth in the market
in Canada 117
TABLE 57 CANADA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 117
FIGURE 35 CANADA: NUMBER OF ORGAN TRANSPLANT CENTERS, 2020 118
TABLE 58 ACTIVE WAITING LIST FOR ORGAN TRANSPLANTS, 2019 118
TABLE 59 CANADA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 119
TABLE 60 CANADA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 119
TABLE 61 CANADA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 119
TABLE 62 CANADA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 120
10.3 EUROPE 120
TABLE 63 EUROPE: ORGAN PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 121
TABLE 64 EUROPE: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 121
TABLE 65 EUROPE: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 122
TABLE 66 EUROPE: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 122
TABLE 67 EUROPE: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 122
10.3.1 FRANCE 123
10.3.1.1 Increasing number of organ transplants and organ donor registrations promote future growth of the organ preservation market in France 123
TABLE 68 FRANCE: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 123
FIGURE 36 FRANCE: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 123
TABLE 69 FRANCE: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 124
TABLE 70 FRANCE: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 124
TABLE 71 FRANCE: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 124
TABLE 72 FRANCE: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 125
10.3.2 SPAIN 125
10.3.2.1 Spain registered the second-highest deceased organ donation rate globally—a key factor driving market growth 125
TABLE 73 SPAIN: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 125
TABLE 74 SPAIN: TOTAL NUMBER OF PATIENTS ON THE ORGAN TRANSPLANT WAITING LIST, 2017–2019 126
FIGURE 37 SPAIN: NUMBER OF ORGAN TRANSPLANT CENTERS, 2020 126
TABLE 75 SPAIN: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 126
TABLE 76 SPAIN: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 127
TABLE 77 SPAIN: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 127
TABLE 78 SPAIN: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 127
10.3.3 UK 128
10.3.3.1 Growth in the market in the UK is mainly driven by the increasing disease/disorder prevalence and favorable regulations 128
TABLE 79 UK: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 128
TABLE 80 UK: TOTAL NUMBER OF PATIENTS ON THE ACTIVE ORGAN TRANSPLANT WAITING LIST (AS OF APRIL 8, 2021) 129
FIGURE 38 UK: NUMBER OF ORGAN TRANSPLANT CENTERS, 2020 129
TABLE 81 UK: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 130
TABLE 82 UK: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 130
TABLE 83 UK: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 130
TABLE 84 UK: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 131
10.3.4 ITALY 131
10.3.4.1 Declining rate of organ donation and transplant due to COVID-19 limited market growth in 2020 131
TABLE 85 ITALY: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 131
TABLE 86 ITALY: TOTAL NUMBER OF PATIENTS ON THE ORGAN TRANSPLANT WAITING LIST, 2020 132
FIGURE 39 ITALY: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 132
TABLE 87 ITALY: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 132
TABLE 88 ITALY: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 133
TABLE 89 ITALY: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 133
TABLE 90 ITALY: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 133
10.3.5 GERMANY 134
10.3.5.1 Low organ donation and transplant rates form a major concern for the German market 134
TABLE 91 GERMANY: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 134
TABLE 92 GERMANY: TOTAL NUMBER OF PATIENTS ACTIVE ON THE ORGAN TRANSPLANT WAITING LIST, 2019–2021 135
FIGURE 40 GERMANY: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 135
TABLE 93 GERMANY: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 136
TABLE 94 GERMANY: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 136
TABLE 95 GERMANY: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 137
TABLE 96 GERMANY: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 137
10.3.6 REST OF EUROPE 137
TABLE 97 ROE: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 138
TABLE 98 ROE: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 138
TABLE 99 ROE: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 139
TABLE 100 ROE: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 139
10.4 ASIA PACIFIC 139
FIGURE 41 ASIA PACIFIC: ORGAN PRESERVATION MARKET SNAPSHOT 140
TABLE 101 APAC: ORGAN PRESERVATION MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 141
TABLE 102 APAC: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 141
TABLE 103 APAC: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 141
TABLE 104 APAC: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 142
TABLE 105 APAC: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 142
10.4.1 CHINA 142
10.4.1.1 Growing awareness and adoption of laws favoring organ donation to drive market growth in China 142
TABLE 106 CHINA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 143
FIGURE 42 CHINA: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 143
TABLE 107 CHINA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 144
TABLE 108 CHINA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 144
TABLE 109 CHINA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 144
TABLE 110 CHINA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 145
10.4.2 INDIA 145
10.4.2.1 Lack of awareness is a key barrier to market growth in India 145
FIGURE 43 INDIA: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 145
TABLE 111 INDIA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 146
TABLE 112 INDIA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 146
TABLE 113 INDIA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 147
TABLE 114 INDIA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 147
TABLE 115 INDIA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 147
10.4.3 JAPAN 148
10.4.3.1 Religious beliefs and lack of awareness limit market growth in Japan 148
TABLE 116 JAPAN: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 148
TABLE 117 JAPAN: TOTAL NUMBER OF PATIENTS ON THE ORGAN TRANSPLANT WAITING LIST (AS OF MARCH 31, 2021) 148
FIGURE 44 JAPAN: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 149
TABLE 118 JAPAN: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 149
TABLE 119 JAPAN: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 150
TABLE 120 JAPAN: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 150
TABLE 121 JAPAN: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 150
10.4.4 REST OF ASIA PACIFIC 151
TABLE 122 ROAPAC: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 151
TABLE 123 ROAPAC: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 151
TABLE 124 ROAPAC: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 152
TABLE 125 ROAPAC: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 152
10.5 LATIN AMERICA 152
10.5.1 IMPLEMENTATION OF EDUCATIONAL PROGRAMS TO TRAIN PROFESSIONALS ON ORGAN RETRIEVAL AND TRANSPLANT PROCEDURES TO DRIVE MARKET GROWTH 152
TABLE 126 BRAZIL: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 153
FIGURE 45 BRAZIL: NUMBER OF ORGAN TRANSPLANT CENTERS, 2019 VS. 2020 153
TABLE 127 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY TECHNIQUE,
2019–2026 (USD MILLION) 154
TABLE 128 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY SOLUTION,
2019–2026 (USD MILLION) 154
TABLE 129 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE,
2019–2026 (USD MILLION) 155
TABLE 130 LATIN AMERICA: ORGAN PRESERVATION MARKET, BY END USER,
2019–2026 (USD MILLION) 155
10.6 MIDDLE EAST & AFRICA 156
10.6.1 IMPLEMENTATION OF GOVERNMENT INITIATIVES AND POLICIES TO DRIVE MARKET GROWTH 156
TABLE 131 SAUDI ARABIA: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 156
TABLE 132 ISRAEL: NUMBER OF ORGAN TRANSPLANTS, 2017–2020 157
TABLE 133 UAE: NUMBER OF ORGAN TRANSPLANTS, 2018–2020 157
TABLE 134 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY TECHNIQUE, 2019–2026 (USD MILLION) 157
TABLE 135 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY SOLUTION, 2019–2026 (USD MILLION) 158
TABLE 136 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY ORGAN TYPE, 2019–2026 (USD MILLION) 158
TABLE 137 MIDDLE EAST & AFRICA: ORGAN PRESERVATION MARKET, BY END USER, 2019–2026 (USD MILLION) 159
11 COMPETITIVE LANDSCAPE 160
11.1 OVERVIEW 160
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 160
11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE ORGAN PRESERVATION MARKET 161
11.3 MARKET RANKING ANALYSIS 163
TABLE 138 ORGAN PRESERVATION MARKET RANKING ANALYSIS, BY KEY PLAYER, 2020 163
11.4 COMPETITIVE BENCHMARKING 164
11.4.1 FOOTPRINT OF COMPANIES IN THE ORGAN PRESERVATION MARKET 164
TABLE 139 COMPANY ORGAN PRESERVATION SOLUTION & DEVICE FOOTPRINT 165
TABLE 140 COMPANY TECHNIQUE FOOTPRINT 166
TABLE 141 COMPANY REGIONAL FOOTPRINT 167
11.5 COMPETITIVE LEADERSHIP MAPPING 168
11.5.1 STARS 168
11.5.2 EMERGING LEADERS 168
11.5.3 PERVASIVE PLAYERS 168
11.5.4 PARTICIPANTS 169
FIGURE 46 ORGAN PRESERVATION MARKET: COMPETITIVE LEADERSHIP MAPPING (2020) 169
11.6 COMPETITIVE SCENARIO 170
11.6.1 PRODUCT LAUNCHES & APPROVALS 170
TABLE 142 PRODUCT LAUNCHES & APPROVALS, 2018–2022 170
11.6.2 DEALS 171
TABLE 143 DEALS, 2018–2022 171
11.6.3 OTHER DEVELOPMENTS 172
TABLE 144 OTHER DEVELOPMENTS, 2018–2022 172
12 COMPANY PROFILES 173
12.1 KEY PLAYERS 173
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 PARAGONIX TECHNOLOGIES, INC. 173
TABLE 145 PARAGONIX TECHNOLOGIES, INC.: BUSINESS OVERVIEW 173
12.1.2 XVIVO PERFUSION AB 177
TABLE 146 XVIVO PERFUSION AB: BUSINESS OVERVIEW 177
FIGURE 47 XVIVO PERFUSION AB: COMPANY SNAPSHOT (2020) 178
12.1.3 DR. FRANZ KÖHLER CHEMIE GMBH 182
TABLE 147 DR. FRANZ KÖHLER CHEMIE GMBH: BUSINESS OVERVIEW 182
12.1.4 ESSENTIAL PHARMACEUTICALS, LLC
(A SUBSIDIARY OF ACCORD HEALTHCARE) 184
TABLE 148 ESSENTIAL PHARMACEUTICALS, LLC: BUSINESS OVERVIEW 184
12.1.5 TRANSMEDICS, INC. 186
TABLE 149 TRANSMEDICS, INC.: BUSINESS OVERVIEW 186
12.1.6 ORGANOX LIMITED 188
TABLE 150 ORGANOX LIMITED: BUSINESS OVERVIEW 188
12.1.7 21ST CENTURY MEDICINE 190
TABLE 151 21ST CENTURY MEDICINE: BUSINESS OVERVIEW 190
12.1.8 SHANGHAI GENEXT MEDICAL TECHNOLOGY CO., LTD. 192
TABLE 152 SHANGHAI GENEXT MEDICAL TECHNOLOGY CO., LTD.: BUSINESS OVERVIEW 192
12.1.9 BRIDGE TO LIFE LIMITED 193
TABLE 153 BRIDGE TO LIFE LIMITED: BUSINESS OVERVIEW 193
12.1.10 WATERS MEDICAL SYSTEMS LLC 195
TABLE 154 WATERS MEDICAL SYSTEMS: BUSINESS OVERVIEW 195
12.1.11 PRESERVATION SOLUTIONS, INC. 196
TABLE 155 PRESERVATION SOLUTIONS, INC.: BUSINESS OVERVIEW 196
12.1.12 CARNAMEDICA 197
TABLE 156 CARNAMEDICA: BUSINESS OVERVIEW 197
12.1.13 TRANSPLANT BIOMEDICALS 198
TABLE 157 TRANSPLANT BIOMEDICALS: BUSINESS OVERVIEW 198
12.1.14 INSTITUT GEORGES LOPEZ 199
TABLE 158 INSTITUT GEORGES LOPEZ: BUSINESS OVERVIEW 199
12.1.15 GLOBAL TRANSPLANT SOLUTIONS 201
TABLE 159 GLOBAL TRANSPLANT SOLUTIONS: BUSINESS OVERVIEW 201
12.2 OTHER PLAYERS 202
12.2.1 AVIONORD 202
TABLE 160 AVIONORD: BUSINESS OVERVIEW 202
12.2.2 ORGAN PRESERVATION SOLUTIONS LTD. 203
TABLE 161 ORGAN PRESERVATION SOLUTIONS LTD.: BUSINESS OVERVIEW 203
12.2.3 EBERS 204
TABLE 162 EBERS: BUSINESS OVERVIEW 204
12.2.4 S.A.L.F. 206
TABLE 163 S.A.L.F.: BUSINESS OVERVIEW 206
12.2.5 BIOCHEFA 207
TABLE 164 BIOCHEFA: BUSINESS OVERVIEW 207
12.2.6 VASCULAR PERFUSION SOLUTIONS, INC. 208
TABLE 165 VASCULAR PERFUSION SOLUTIONS, INC.: BUSINESS OVERVIEW 208
12.2.7 TX INNOVATIONS 209
TABLE 166 TX INNOVATIONS: BUSINESS OVERVIEW 209
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13 APPENDIX 210
13.1 INSIGHTS FROM INDUSTRY EXPERTS 210
13.2 DISCUSSION GUIDE 211
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 215
13.4 AVAILABLE CUSTOMIZATIONS 217
13.5 RELATED REPORTS 217
13.6 AUTHOR DETAILS 218
MarketsandMarkets
Publisher: MarketsandMarkets
# of Pages: 224
Rating:
1 User License $4,950
Publication Date: April, 2022
Price: $4,950 / User License
Buy Now
RPT50593
LIC503
1 User $4,950
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232
MarketsandMarkets